ANOTHER SET OF ALTCOINS THAT PROVIDE THE MOST OPPORTUNITIES IN THE CRYPTO MARKET!
#ICP HOLDS ITS GROUND AMIDST BEING CONSIDERED AT A CRITICAL AREA BY TRADERS
ICP stays on top of its new support at 5.9-7.2. This has proven to be high demand areas where many would instantly (without hesitating) take their buy orders for more holdings, for their DCAs and for other purposes. Although, a possibility for this token to move below this price range is still possible. Right now, it has displayed 14.17% increase from this highlighted new support. Many traders will attempt to trade at these levels for more profit taking after the demands will be met on ICP.
ANOTHER DAY ANOTHER #ARKM TRADE 11.42% INCREASE AND COUNTING! (HERE'S HOW WE'VE DONE IT)
Our recent ARKM trade has yielded a 11.42% result by calculating the best market position and as well as initiating proper risk management within its structure. Since we've already noticed many sellers were awaiting at the key levels 1.1, 1.2 & 1.4. We've also taken into consideration where the buyers would take these orders and initiated a long position at the demand zone (0.94). Hence, it'd be wise to concentrate on attaining optimal long positions on these key levels and the levels lower than this support.
#ENJ IS A TOUGH COIN TO BREAK: TRADE PROFIT 11.69%/4.03%/3.03% AFTER ENTERING AT ITS MONTHLY LOW WITH LONG POSITION
ENJ has been moving close to its monthly low and we were able to catch some of its price for long positions and we were able to secure 18.75% increase from its movement at 0.11. The current demands from 0.08-0.013 is extreme and many people are buying at this discount price of ENJ. Although, what we're doing right now is securing our hold for its position and since we're confident that these are the zones with best entries for some intraday/swing trades, we can continue benefiting from any of its price action. On a weekly basis from August to this month, we can see that the price has already moved above its average at 0.1434. If this continues, the price may move above the month of August and September's high. Meeting the bearish order blocks at 0.1732 which is almost 75% of the last week of July's high. Since we've already secured these increases, we will continue observing this token for its next price action after the retracements.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
Stay wise, trade cautiously.